AGM Statement

Keystone Investment Trust plc
LEI:5493002H3JXLXLIGC563

Annual General Meeting Results

At the Annual General Meeting of the Company held on 24 January 2017, shareholders approved the following resolutions:

1. to receive the Annual Financial Report for the year ended 30 September 2016;

2. to approve the Directors’ Remuneration Policy;

3. to approve the Annual Statement and Report on Remuneration;

   4.       to re-elect Mrs Beatrice Hollond a Director of the Company;

   5.       to re-elect Mr Ian Armfield a Director of the Company;

   6.       to re-elect Mr William Kendall a Director of the Company;

   7.       to re-elect Mr Peter Readman a Director of the Company;

   8.       to re-elect Mr John Wood a Director of the Company;

   9.       to reappoint PricewaterhouseCoopers LLP as Auditor to the Company and authorise the Audit Committee to determine their remuneration;

   10.     to renew the Directors’ authority to allot securities;

   11.     to renew the Directors’ authority to allot securities for cash while disapplying pre-emption rights within parameters specified;

   12.     to renew the Directors’ authority to purchase up to 14.99% of the Company’s shares in the market within the parameters specified; and

   13.     that the period of notice required for general meetings of the Company (other than AGMs) shall be no less than 14 clear days.

   Resolutions 1 to 10 were passed on a show of hands, resolutions 11 to 13 were passed on a poll.

A breakdown of the proxy votes registered is shown below.

Resolution	Votes For	Votes Against	Votes Withheld
	(including votes at the discretion of the Chairman)

Ordinary resolutions:

1.	1,996,114	2,046	405
2.	1,996,006	2,074	485
3.	1,996,290	2,074	201
4.*	1,313,157	685,261	147
5.	1,995,238	2,775	552
6.	1,778,088	219,925	552
7.	1,475,099	210,317	313,149
8.	1,996,863	1,150	552
9.	1,998,161	0	405
10.	1,996,450	2,022	93

The poll results are set out below.

Special resolutions:

11.	1,995,066	2,259	1,241
12.	1,993,949	2,225	2,391
13.	1,956,264	41,146	1,156

*The Board understands that the large vote against the Chairman derived from the corporate governance policies of certain institutional shareholders in relation to Board tenure. The Board firmly believes that a sufficient blend of skill and experience is currently exhibited by the Board as a whole, but accepts the call for further regeneration and will give more priority to consideration of the issue this year.

The Company has 13,518,799 ordinary shares of 50p each in issue.  On a poll these carry one vote per £1 of nominal capital, accordingly Total Voting Rights were 6,759,399.  The above tables represent the number of votes registered.  The number of shares represented are twice the above numbers.

Invesco Asset Management Limited

Corporate Company Secretary

24 January 2017